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<br />53-A-RERL E57ATE MORTGAGE- ih Tax Clause {Revised t962)
<br />ZL Zara (aaezal Sa•,gty Have. I.m Wv. Nebr.
<br />f4\OW ALL MEti BY THESE PRESENTS: THAT
<br />Cla_zTton Petersen Jr. and Kathleen E. Pstersens Husband arld ~Jife
<br />l Mn.fgavnr 1
<br />of Hail Cvuniy, sad State of Nebraska , in consideration of the sum of
<br />Forty Thousand and HIo/J.00 ($itQs000.©G) - - - - - - - - - - - - - - - - - - - - DOLLAI?s
<br />in hand par!, do hereby SELL and CONVEY unto
<br />Exchange Sank
<br />(Mortgagee )
<br />of BUffalO County, and State of Nebraska the following described premieea
<br />situated in Hail County, and State of TIEb?-a5k3 to-wit:
<br />Lots Seven (7} and Eig11t {$} 3n Block Sixty {6G) in the Crigiaal Towns
<br />Hntf City oY Grand Islands Hail Cotmtys Idebl;asl~
<br />This mortgage is subject to a first mortgage of record to Hie Federal Savings and
<br />Graff Islands Nebraska in the original amount of $6Cs000a(m.
<br />'The intention being [n convey hereby an absolute title in fee simple including all the rights of homestead and dower.
<br />TO HAVE .4'~B TO HOLD the premises above described, with all the appurtenances thereunto heiongiag unto the
<br />said mo:tgagee and to 7.t8 heirs and assigns, forever, provided always, and these presents are upon the ezprxen
<br />condition 'that if the aforesaid mortgagor S, tht#tir heirs, executors, administrators or assigns shall pay ar cause to 6e t
<br />paid to the said wort, ogee its heirs, executors, administrators or assigns, the sum of
<br />Forty Thousand atxi Ida/100 ($l~Os00G.00) ° - - - - - - - - - - - Dollars, payable as fotloves, to-wit:
<br />Pour Thousand Ape hundred Thirty~ilars on the say of , is
<br />3i$?!t cti x.53/ s.~1C1- - - - _ i~ottars on tha lfith day of JBntiaiy 19$Q -
<br />~~„~- ~rko,~and Cne Hundred Tha.rtyDnuara on the say of , 19
<br />'~i~t1'It °tY st~~-s:~,v`- - ~ _ - - - - - DolEars on the lft~ti dos of b and c'a~t;3ry tid.t~. ~ALUxvi.~.yy
<br />17allara on the day of and accrued interest 13 .I~i.d if 3
<br />frith interest thereon at 10.75 Per cent Per annum. Payable Eeml annually all attatding to the temr and e$ect of 3
<br />. certain Promissory note of said -
<br />Ct2zt Pi versan Jr. and sth?aen h. Feterseis u,,~bat{d 3^•~ n~~fe
<br />tm ~ even date with these presents, and shall oay all to:es and asaessatents Ievied upon said real e_~tat?_ and aIt ether t~zt~ -
<br />levies scot .asaeaamenta ievicd upon this mortgnge or the note which this moKgage ig given fin secure, before the name bernnies
<br />3elinGexni, anal keep the truildings on said premixes insured for the sum o[ 3 7 S~Ga~GG.~1G loan, if any, pgpabk to i
<br />the said mortgagee. then these presents to be void, otherwise to be end remain in full force.
<br />IT IS FURTHER AGREED (li That if the said mortgagor shaJi fait to pay such razes or pracute such i>tiuraace, the
<br />said mortgagee may pny wch tazex and procure such insurance; and the sum so advanced, with interest at u per cent
<br />shall be paid by said mortgagor, and Skis mortgage shall stand as security for the same. (?) That a failure tq pay any of acid i
<br />money, either principal or interest when the same becomes due, or a failure to :.amply with any of tha famgoiag agreemeab, =,
<br />shall cause tine whole sum of money herein secured to become due and toll ttce et the d the mortgagee. -
<br />signea this loth day of Jtt],y is
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<br />In Presence o{ .. .... ...}..... ..1~ . .........................._..............._......
<br />X ..-n~- ...~.~~.~.... ~~GiL,.~_~s.~;~{e.i.~r.V.,L...tl...._.__..._..._
<br />~ s'cn'f'E GgNebxaska-.........
<br />................_........_._.. County o(----'--_........~_.._....._.....................:
<br />=Before coo, -a-notary puhiio 4ualiSed foc said «tnntY, personatly came
<br />Clayton Petersen Jr. alai Kathleen E. Peterseas Husband and idife
<br />knawa to me-idenLicat rson or persona who signed tho foregoing instrument and aclmowledged the ezeuvtiea
<br />- act amt deed.
<br />~' on:::....!I~. ~?~ ........... .... ..._......... 19.79...
<br />I M. - - .... ., ~~ ~f/f
<br />_ ...-..._..__. .:._$a.._ :............. 19.~... ........~.. • _..~A!!5Gtw(.i..._...Notary Public.
<br />~~. SPATE OF - .......:......,...._.__.._.....1 Entered on ntunerical i~ez and Sled for record
<br />~. Cstmty..,......_.........._.,._._...._..........._...........'..-."-_. ~ in the Register of Deeds Otfice of said County the
<br />~....._..........--°---~ ot........._ ...................._.._............ Y9:........._. at.__..._.-^--...._...__...o'cloclr and..............................minutes ......................M.,
<br />and recorded in Booit .............__.....-....,...__,.,....o£..._..._...._........__...........at page....._.............................._......
<br />................._.........'-..'-......._......_---"-......_.........._Reg. of Deeds
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